Our Hero of the Week: Bernadette Demientieff, ED of the Gwich’in Steering Committee

Our Hero of the Week: Bernadette Demientieff, ED of the Gwich’in Steering Committee

This week there was a momentous piece of good news for conservation — one of the largest and most powerful and influential U.S. banks, Goldman Sachs, said it will not fund projects that drill for oil and gas in the Arctic National Wildlife Refuge.  This is huge — between 2016 and 2018, Goldman Sachs invested […]

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Goldman Sachs Will Not Fund Arctic Drilling, Pledges $750B to Fight Climate Change

Goldman Sachs Will Not Fund Arctic Drilling, Pledges $750B to Fight Climate Change

In a move that drew praise from leading environmental organizations, the investment bank Goldman Sachs announced a sweeping new “environmental policy framework” on Sunday, with major commitments to fund climate change resilience and adaptation projects, clean energy development, and to more thoroughly analyze fracking projects before funding them (though it does not rule them out entirely).

Why This Matters:  This puts Goldman Sachs well in the lead among U.S. banks for making a commitment to both climate change and environmental protection generally.

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